Project Planning, Scheduling and Cost Estimating Skills: A Complete Guide
Course Overview
Effective **project planning, scheduling, and cost estimation** are the backbone of successful project delivery. This intensive program equips participants with the essential tools and methodologies to **plan, control, and execute projects efficiently** while maintaining time, cost, and quality balance.
Through practical exercises and real-world case studies, participants will learn how to prepare **accurate cost estimates**, develop **realistic schedules**, and manage **project resources** using globally accepted standards and modern tools such as **Work Breakdown Structure (WBS)**, **Critical Path Method (CPM)**, and **Earned Value Management (EVM)**.
This course bridges the gap between planning theory and real-world application, enabling professionals to make informed project decisions and deliver superior performance.
Course Objectives
By the end of this course, participants will be able to:
1. Understand the key principles of project planning and scheduling.
2. Develop cost estimates with precision and transparency.
3. Create and manage project timelines using proven techniques.
4. Apply risk management strategies to scheduling and cost control.
5. Use analytical tools for monitoring progress and performance.
6. Improve project communication, reporting, and decision-making.
Learning Outcomes
Participants will be able to:
* Prepare comprehensive project plans with defined scope, objectives, and milestones.
* Use scheduling tools such as CPM, Gantt charts, and resource histograms.
* Apply cost estimating techniques (analogous, parametric, bottom-up).
* Integrate cost, schedule, and performance monitoring through Earned Value Analysis.
* Forecast project performance and manage deviations effectively.
* Align project execution with organizational goals and client expectations.
Target Audience
This course is suitable for:
* Project Managers, Engineers, and Team Leaders
* Cost Estimators and Planners
* Procurement and Contract Professionals
* Construction and Engineering Managers
* Project Analysts and Controllers
* Anyone involved in project budgeting, scheduling, or execution
Course Outline (5 Days)
Day 1 – Project Planning Foundations
* Understanding the project life cycle
* Defining objectives, deliverables, and constraints
* Developing the Work Breakdown Structure (WBS)
* Linking project scope to time and cost planning
* Workshop: Building a project plan framework
Day 2 – Scheduling Principles and Techniques
* Fundamentals of scheduling and sequencing
* Critical Path Method (CPM) and PERT
* Float analysis and schedule compression techniques
* Resource loading, leveling, and optimization
* Hands-on: Creating a project schedule using WBS and CPM
Day 3 – Cost Estimating Skills
* Importance of accurate cost estimation
* Cost components: materials, labor, equipment, overheads
* Estimation methods: analogous, parametric, and bottom-up
* Managing cost contingencies and escalation
* Practical Exercise: Developing a detailed cost estimate
Day 4 – Cost Control and Forecasting
* Project budgeting and cost baselines
* Tracking and controlling project expenditures
* Earned Value Management (EVM)
* Forecasting project performance and managing variances
* Simulation: Monitoring and adjusting cost performance
Day 5 – Integration and Performance Excellence
* Integrating scope, cost, and schedule for project success
* Reporting and communication best practices
* Risk and change management in cost and schedule control
* Project performance metrics and benchmarking
* Capstone Exercise: Developing an integrated project plan with cost and schedule control
* Final review and certification assessment
Certification
Participants who successfully complete this course will receive:
🎓 **Professional Certificate in Project Planning, Scheduling & Cost Estimation (PPCSCE)**
awarded by **KE Leaders Training Centre, London** – signifying professional excellence in project planning, scheduling, and cost control.
Key Benefits
* Gain hands-on skills in project cost and schedule management.
* Learn modern tools and proven methodologies for project success.
* Improve forecasting, budgeting, and reporting accuracy.
* Strengthen your ability to manage time and cost trade-offs.
* Earn an internationally recognized professional certificate.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
